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Protestors Take to Streets in Spain Over Labor Laws

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  • Description

    FBN’s Ashley Webster on Spain’s efforts to solve the country’s debt crisis.

  • Duration 1:13
  • Date

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On the international front Greece gets a government today the prime minister being sworn in but now investors are looking at -- You fix one problem -- another prominent demonstrations.

There are taking to the streets.

To protest the government's austerity measures and actually is on the ground in Madrid right now actually.

It thank you very much listen David you're absolutely right -- the problem is a call -- The people have spoken with here so far Madrid a very quick to point out they sake look.

Spain is not Greece but they're -- left frightening similarity is the unemployment rate -- 25%.

That they economy into recession the banks weighed down with bad loans.

Yes protect and protesters taking to the streets tonight members of the two major unions in Spain.

Protesting in Madrid and across the country at those government austerity measures in particular the very upset that -- changes being made.

To this country is very restrictive labour laws -- makes it so hard.

For hiring and firing of workers businesses say we need it.

But again the work is not too happy about it but it's gonna have to happen.

And they gonna have to go through this paid much like Greece in order to get their balance get there books imbalance guys Ashley Webster report from Spain thank you wish.

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